Author

Katie Lee

Red Bank, N.J. — SMG Holdings recently kicked off its annual Season of Giving campaign with a Thanksgiving Food Drive to help local families in need. Partnering with Fulfill of Monmouth & Ocean Counties, SMG is collecting meal kits to ensure that everyone in the community can enjoy a warm and plentiful holiday season. Fulfill of Monmouth & Ocean Counties is a nonprofit 501(c)(3) organization. This initiative marks the first event for 2025 in SMG’s annual Season of Giving, a series of community outreach efforts designed to share love, gratitude …

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Frisco, Texas — Layne’s Chicken Fingers has signed a monumental 44-unit franchise agreement with Eli Cohen, an experienced real estate and restaurant developer, across its home state of Texas. Layne’s will expand across West Texas, San Antonio and the Coastal Bend. With this deal, the Texas market is now over 90% sold out, leaving room for expansion in just El Paso and a few smaller, single-unit territories. “Sealing an over-40-unit deal in our home state is a major milestone for us as we approach 100% market saturation across Texas,” says …

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— By Etrit Demaj — Smart tech rewrites the retail maintenance playbook. Retail and restaurant operators have long accepted reactive maintenance as the cost of doing business. When equipment breaks, facility teams respond, often at high cost and with little warning. But this break-fix cycle no longer works in today’s environment of shrinking margins, energy mandates and rising customer expectations. A growing number of multi-site operators are shifting to a proactive, tech-enabled maintenance model that prevents problems, instead of waiting for them to arise. This approach turns building systems into …

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Toledo, Ohio — Marco’s Pizza has appointed Brad Smith as vice president of franchise growth. The appointment reflects Marco’s continued investment in world-class leadership as it pursues aggressive multi-unit growth, international expansion (particularly across LATAM and the Caribbean) and non-traditional development opportunities. “Brad brings a rare combination of strategic vision, operational expertise and global franchise insight,” says Gerardo Flores, chief development officer of Marco’s Pizza. “As we continue to scale with purpose, his leadership will be instrumental in accelerating growth, deepening our operational excellence, and expanding our reach with high-caliber …

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Katy, Texas — Academy Sports + Outdoors has opened five new locations in Q4 2025 in Russellville, Ark.; Seguin, Texas; Fort Wayne, Ind.; El Paso, Texas; and New Braunfels, Texas. With the addition of these stores, Academy will have opened 24 total new locations by the end of fiscal 2025. “We are thrilled to expand our footprint with 24 new stores,” says Eric Friederich, senior vice president of retail operations at Academy Sports + Outdoors. Academy is a leading full-line sporting goods and outdoor recreation retailer in the United States. …

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Louisville, Ky. — Papa John’s International, Inc. has promoted Ravi Thanawala to chief financial officer and president, North America. Most recently, he served as chief financial officer and executive vice president, international. In his new role, he will lead the company’s North American business, including restaurant operations and development strategies along with his CFO responsibilities. In connection with his appointment, the company’s international business will be led by Chris Lyn-Sue, who has been promoted from senior vice president, head of international markets to senior vice president, general manager of international. …

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Goodlettsville, Tenn. — Dollar General Corporation has promoted Emily Taylor to be the company’s new chief operating officer (COO), effective Nov. 16, 2025. She most recently served as Dollar General’s executive vice president and chief merchandising officer. Taylor brings more than 25 years of Dollar General experience to the COO role, having first joined the company in 1998. As COO, she will have responsibility for store operations, global supply chain, merchandising, marketing and digital, real estate and store development, decision science, and process improvement organizations. “Emily’s strategic vision and tenured …

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Fort Lauderdale, Fla. — Kevin Armantrout, who has held executive roles with several nationally recognized brands, has been named chief operating officer for Bagels & Co. which has several locations now open in Pennsylvania and Florida with plans to expand to additional cities across the U.S. Armantrout has built a distinguished career leading high-growth restaurant and hospitality brands through expansion, operational transformation and cultural renewal. His extensive experience in management, site selection, construction and building a strong foundation for franchising from the ground up are an asset to Bagels & …

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Bentonville, Ark. — The board of directors of Walmart Inc. has elected John Furner to succeed Doug McMillon as president and chief executive officer, effective Feb. 1, 2026. Furner was also elected to the company’s board of directors, effective immediately. McMillon will retire on Jan. 31, 2026, but remain on the board of directors until the next annual shareholders’ meeting and help ensure a smooth transition. “John Furner is the right leader to guide Walmart into our next chapter of growth and transformation,” says Greg Penner, chairman of Walmart Inc. …

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Tempe, Ariz. — Wienerschnitzel, the world’s largest hot dog franchise, is celebrating its first restaurant opening inside a Walmart Supercenter, located in Tempe, Ariz., this month. This milestone marks the beginning of a broader non-traditional growth initiative, with six franchised restaurants planned for Walmart stores across the U.S. As Wienerschnitzel accelerates its expansion strategy, the opportunity with the retail giant represents a major step forward in bringing the legacy brand’s signature menu to high-traffic, convenience-driven environments. Additional restaurants are slated for Puyallup, Wash.; Alamogordo, N.M.; Reno, Nev.; Colorado Springs, Colo.; …

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